Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$571,926$537,075
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$2,860$0
Note rate6.710%7.400%
Blended rate6.710%7.640%
1st payment$3,830.52$3,718.60
2nd payment$0.00$0.00
Taxes / mo$859.58$859.58
Insurance / mo$166.67$166.67
MI / mo$0.00$107.42
HOA / mo$203.33$203.33
Total monthly$5,060.10$5,055.59
Cash to close$24,824$59,675